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Holon Global Investments - Active Fund Manager

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Insights

‘This time it’s different’: Bitcoin eyes new all-time high as big money piles in.

Published 23 Nov 2020

Heath Behncke, our Managing Director and Portfolio Manager at Holon Global Investments, was quoted by Dominic Powell and Alex Druce in their article from ‘The Age‘ discussing “This time it’s different’: Bitcoin eyes new all-time high as big money piles in”, saying that:

“… the constant easing of interest rates, along with regular quantitative easing from central banks, has increased the popularity of digital currencies such as Bitcoin.”

“Bitcoin effectively has an alternative monetary policy that no one can fiddle with, where with central banks they just print it. Bang, here’s another trillion dollars.”

“There’s enough of ecosystem forming around Bitcoin and a viewpoint that this is evolving into a store of value that we can trust over time,”

 

The full article can be accessed here.

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